NewsFeeder
07-01-2019, 02:15 AM
Asia equities rally on renewed hope of China-US trade deal
China’s CSI 300 index of major Shanghai and Shenzhen-listed stocks rallied 2.5 per cent in morning trading, and S&P 500 futures tipped US stocks to open up by over 1 per cent. European stocks were expected to make similar gains. “Expectations were quite low running into G20, that’s why the weekend’s developments are still providing some lift,” said Frances Cheung, head of Asia macro strategy at Westpac. Haven assets lost some lustre, with gold falling 1.7 per cent and the Japanese yen weakened by 0.5 per cent to ¥108.38 per US dollar.
https://finance.yahoo.com/m/4d7178bd-05d7-3bc2-89f0-80125f984c03/asia-equities-rally-on.html?.tsrc=rss
China’s CSI 300 index of major Shanghai and Shenzhen-listed stocks rallied 2.5 per cent in morning trading, and S&P 500 futures tipped US stocks to open up by over 1 per cent. European stocks were expected to make similar gains. “Expectations were quite low running into G20, that’s why the weekend’s developments are still providing some lift,” said Frances Cheung, head of Asia macro strategy at Westpac. Haven assets lost some lustre, with gold falling 1.7 per cent and the Japanese yen weakened by 0.5 per cent to ¥108.38 per US dollar.
https://finance.yahoo.com/m/4d7178bd-05d7-3bc2-89f0-80125f984c03/asia-equities-rally-on.html?.tsrc=rss